This Week's Stock Ideas

Monday, January 8, 2024

Good morning everyone, and congrats to all who caught last week’s monster trades. MRNA hit over 15% the same day we published the idea, and TSLA gave us 6% on the short!! Let’s keep that momentum going.

As mentioned last week, the S&P 500 was struggling at resistance, and we called for a small pullback. The S&P 500 gave back about 1.5%, though we think there is still some more downside to go. This could very well be a buy-the-dip scenario, but we did not see any buyers come in last week, so we will wait and see if they step up this week.

Check out this week’s ideas, and don’t forget to comment or ask questions below.